
Laley23
Posts: 29,506
Jun 16, 2017 10:38am
...for $13.7B. Holy hell, that's a lot of cash.

Ironman92
Posts: 49,363
Jun 16, 2017 11:06am
That's sleeper cash there.

Iliketurtles
Posts: 8,191
Jun 16, 2017 12:53pm
FIFYLaley23;1859294 wrote:...for $13.7B. Wholey hell, that's a lot of cash.
But seriously that is a lot. And really interesting from them.

Commander of Awesome
Posts: 23,151
Jun 16, 2017 1:09pm
I would think this helps their grocery delivery initiative go country wide.

SportsAndLady
Posts: 35,632
Jun 16, 2017 1:12pm
Buying low. $13B is a lot, but not a bad price to snag Whole Foods and help with their grocery delivery initiatives.

Commander of Awesome
Posts: 23,151
Jun 16, 2017 1:15pm
Amazon's market cap gains today exceed what's the company is paying for Whole Foods. Pretty crazy.

Dr Winston O'Boogie
Posts: 1,799
Jun 16, 2017 2:05pm
Bezos is taking over the world...muhahahahahaha!
G
gut
Posts: 15,058
Jun 16, 2017 3:18pm
Whole Foods was in pretty big trouble with every mom & pop and superchain bringing in organic (at much better prices). I haven't looked much at grocery delivery. Save me 10 miles round trip, plus driving and shopping time....that's probably worth $10 to me.
Was looking at Whole Foods delivery the other day - think it was free for orders over $35 if you pay $99 annually (otherwise $4 a pop). Problem is, every other day delivery so my meat is fresh is $105 a week - I don't think there's $100+ of overpriced food I want from there (mostly I just buy fish there). Great deal for a family, not so much for a single person.
Was looking at Whole Foods delivery the other day - think it was free for orders over $35 if you pay $99 annually (otherwise $4 a pop). Problem is, every other day delivery so my meat is fresh is $105 a week - I don't think there's $100+ of overpriced food I want from there (mostly I just buy fish there). Great deal for a family, not so much for a single person.
G
gut
Posts: 15,058
Jun 16, 2017 3:21pm
Haha....I might be a little nervous if I lived really close to a Whole Foods lest Bezos turn it into Warehouse Foods.Dr Winston O'Boogie;1859316 wrote:Bezos is taking over the world...muhahahahahaha!

Commander of Awesome
Posts: 23,151
Jun 26, 2017 1:02pm
Crazy fact: AWS has as much revenue as the national football league